first majestic silver

Peter Degraaf

Technical Analyst, Precious Metal Investor & Author

Peter Degraaf became interested in silver and gold when the Governments of the US and Canada proceeded to remove silver coinage from circulation in the mid 1960s.

He noticed the effect of Gresham’s law:  “Bad money drives out good.” He became a coin dealer, attending coin shows all over The US and Canada. In 2001 he semi-retired from coin sales and concentrated on investing in precious metals. He mastered the art of technical analysis and applies this to his investments. In 2001 he started publishing a daily and weekly market report.  His website is at http://www.pdegraaf.com/.

Peter Degraaf Articles

Everything in life moves in cycles. Seconds, minutes, hours, days, all add up to become part of a cycle. Some cycles, such as the beating of the heart move fast, while a millennium moves very slow. This article will draw your attention...
For a number of years the market presence of commercial traders has dictated the direction in the price of gold and silver. With deep pockets and by trading contracts in the futures market without having to back up their contracts with...
My Subscribers and I were prepared for Thursday’s and continuing assault on the Precious Metals – here is how we knew to expect a pullback: In the long run we anticipate that gold and silver will offer reliable protection in an environment...
The correction in the price of gold and silver is now in its fourth year, and in the words of W. D. Gann: “When time is up – price will turn.”
How much longer are you going to let Wall Street determine the price you are permitted to charge for your product? How much longer will you stand by and watch as computer traders raise and mostly lower the price of your product, by selling...
Timing is everything in investments, and after watching the precious metals markets for the past three months, since the publishing of his last article at the June lows, Peter draws the conclusion that gold bullion and gold mining stocks...
June Lows Often Mark the Beginning of a Long Rally in Gold and Silver.
Elections across Europe and Great Britain this past week have shown serious dissatisfaction with the status quo. The monetary inflation on the part of the European Central Bank has benefited the elite bureaucracy in Brussels at the...
Historically the month of March is not very ‘gold-friendly’. April and May are more conducive to providing a rally.
According to a famous trader of the past, W. D. Gann: “Time is more important (in markets), than price; when time is up, price will reverse.” It has now been 29 months since gold last reached a new high in its current bull market cycle....

Gold is still being mined and refined at the rate of almost 2,600 tonnes per year.

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